Nexxo
Expense traceability
A verifiable record of who paid, when and under which conditions.
What it means
A verifiable record of who paid, when and under which conditions.
An everyday example
Keep the original amount, currency, date, payer and reference rate together.
Why it matters when splitting expenses
Agree the allocation rule, reference currency and settlement date with your group. Keeping these details visible helps avoid misunderstandings when expenses and repayments happen on different days.